Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Heading into the weekend, keep in mind if you are on the diving board thinking about jumping into the IPIX pool, this is the best risk to reward investment I’ve seen in a while. Time is running out to get in with excellent cost to share leverage. It’s likely to jump another dime by end of next week.

No, don’t mortgage the house or put the purchase on a $10000 limit credit card, but if you’ve got $500 to a grand in your trading or ROTH account that you can afford to never see again, pick up 1k to 2k shares. Some very smart people here posted that they think chances of failure are only 15 to 20 percent, another said about 40 percent. Well, that’s a 4 out of 5 chance of success to a 6 in 10 chance. But dollar-wise, success means at least a 5 to 10 bagger, or 2.5k to 10k on a $500 to $1000 risk.

This is not advice, these are just thoughts for the weekend BBQ.